Tax relief to encourage sport: the Brazilian way
In 2006, the Brazilian government, after several discussions inside the Parliament, enacted the Federal Statute number 11.438 regarding sports incentives (the “Statute”). The Statute could be an example for countries that have interest in promoting amateur sports and academies with the aim to develop professional competitive sport while increasing the social inclusion of its citizens.
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- Tags: Brazil | Corporate Social Responsibility | Football | Rugby | Tax Law
Written by
Nilo Effori
Nilo is a Partner and leads Brandsmiths' sports law practice globally.
He advises professional sports clubs, federations, athletes, agents, intermediaries and key stakeholders in high-stakes, cross-jurisdictional disputes before premier adjudicatory forums, including:
- The Court of Arbitration for Sport (CAS)
- The Basketball ArbitralTribunal (BAT)
- The FIFA Football Tribunal
- The FEI Tribunal
- The FIA International Court of Appeal.
Nilo's work encompasses complex disciplinary, regulatory, contractual and anti-doping cases, providing rigorous advocacy, strategic dispute management and tailored risk-based counsel in matters involving international rules, stakeholders and multi-jurisdictional enforcement.
